53228 Cesar Chavez St - Multi-Family FOR SALE


Coachella, CA 92236
$1,495,000 USD
909-815-7324
53228 Cesar Chavez St, Coachella, CA for Sale
$1,495,000 USD
Multi-Family - FOR SALE
1/9
null | 5.46% Cap Rate

53228 Cesar Chavez St
Coachella, CA 92236


HIGHLIGHTS

  • Upgraded Interiors
  • Improved HVAC Systems
  • Ample Parking
  • In-Unit Laundry
  • Private Outdoor Space

OVERVIEW

CBRE is pleased to present a high-potential, value-add multifamily investment opportunity at 53228 Cesar Chavez Street in Coachella, California. This 9-unit asset, originally constructed in 1963, offers an attractive and diverse unit mix of 4 one-bedroom/one-bath units, 1 one-bedroom/one-and-a half-bath unit, and 4 two-bedroom/two-bath units, positioning the property to capture demand across multiple renter segments. The asset presents a compelling opportunity for investors to drive revenue growth through strategic management, and mark-to-market rent increases in a submarket characterized by limited new multifamily supply. Located within the rapidly expanding Coachella Valley, the property benefits from strong population growth, increasing rental demand, and proximity to major employment drivers in agriculture, logistics, and the greater Palm Springs tourism economy.

FOR SALE DETAILS

PRICE

$1,495,000 USD

PRICE/SF

$356 USD /SF

# OF UNITS

9

PRICE/UNIT

$166,111

CAP RATE

5.46%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Casa Coachella

PROPERTY TYPE

Multi-Family

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1963

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.75 AC

LAND SF

32,670 SF

ZONING

-

APN/PARCEL ID

778-320-002,778-320-003

ASK ABOUT THIS PROPERTY

Cray CarlsonCBRE, Inc.More Info
909-815-7324

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Cray CarlsonCBRE, Inc.More Info
909-815-7324

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.